KONGSBERG GRUPPEN ASA: årsregnskap 2009 vs 2008
Shrank 100% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for KONGSBERG GRUPPEN ASA. Revenue 167.00m NOK → 13.8k NOK (-100.0%). Net result -102.00m NOK → +314 NOK. Equity 1.15bn NOK → 2 234 NOK.
On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for KONGSBERG GRUPPEN ASA.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -15.00m NOK → +30 NOK (op. margin -9.0% → 0.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 102.00m NOK to a profit of 314 NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 167.00m NOK to 13.8k NOK (-100.0% YoY). Calculated
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↓
Equity eroded
Book equity 1.15bn NOK → 2 234 NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 238.74× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 982.00m NOK → 240 NOK — check capital reduction, conversion, or reclassification. Interpretation